Coinbase will buy $500M of crypto, Brian Armstrong announced

Syed AhadWeb Editor

20th Aug, 2021. 08:58 pm

As per the announcement of Coinbase, it will buy $500M of crypto and Invest 10% of all future revenues in cryptocurrency.

Through tweeter, the announcement was made by CEO Brian Armstrong.

Coinbase is one of the top crypto exchanges and in the businesses, the company has some of the great brand-name gratitude. The company is going all-in on the technology it provides, with a huge one-time expenditure as well as a major recurring investment.

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